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Cashin: Excess bank reserves are a worrying 1930s parallel
CNBC.com ^
| August 26, 2013
| Paul Toscano
Posted on 08/26/2013 8:18:41 PM PDT by upbeat5
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To: NVDave
If you were a banker, would you want to lock your balance sheet into pitiful yields on your loan portfolio at todays lending rates?You're right. There is a small local bank that hasn't made 30 year mortgage loans for the last few years, at least.
21
posted on
08/27/2013 6:41:55 AM PDT
by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
To: NVDave
It’s a cash crunch. There isn’t enough capital being put into the marketplace. People want to borrow, good deals exist, but they can’t. Bernanke is pushing on a string.
22
posted on
08/27/2013 9:25:24 PM PDT
by
1010RD
(First, Do No Harm)
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